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Friends, You a Fundamental Trader or a technical trader and you have great strategies , I mean after years of experience you have got such amazing strategies to trade the market. But still you have to master 3 characteristics to be successful in Market. I Realised that if you master these then only you can be a successful Trader. As I see, managing is the way to trade. And faster you manage your self, earlier you can be successful in Trading. These are
1. Fear
2. Greed
3. Confidence
Manage Yourself and Manage Dollars

As a trader I have many fears. And it comes to fear of losses, fear of missing out the trade . And worst maybe fear to break free of your comfort zone and be on success path . Maybe fear to succeed, who knows (you?) . What if you are too successful? Yes at present fear of success is also in management books. To break free and achieve what you can without fearing yourself and people around you.
Do, You fear?
Fear creates indecision, lack of confidence . It is a powerful force ; not giving many traders gain from trade is what they seek . In most cases , the fear has psychological origin . We know the origin of the fear , but this knowledge is not able to deliver …
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wisdom_consultant avatar

useful statements

piter44 avatar
piter44 24 July

nice one +1

Augustaster85 avatar

very interesting read

SalviLeana avatar
SalviLeana 26 July

well done

WallStreet6 avatar

nice sum up of the trader's psychological side:)

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Best Choices to Handle with Loser Forex Positions
After minutes of opening position in Forex, the position will either be profitable or loser, you will see your equity increase or decrease according to position. opening a trade in the market of Forex is very easy and simple but sometimes the pair move against your trade or Simply your position make looses instead of profits and this is great test for your profession and strategy.

From profitable to loser trade:

Generally, any one open a trade it may go against his/her favor and then it would decrease the equity of account. Losses may deepen if your stop loss is set far from entry or according to your exit strategy. Sometimes, the trade may convert from profitable to loser or the opposite in minutes or seconds especially at the time of strong data.
Loser positions adverse effects :
When a trade begin to make losses our adrenaline work and adversely affects our physiological and emotional behavior and this an enemy for any trade, but all of this depends on trading profession and experience, below the common adverse effect of a loser trade position:
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bharatholsa avatar

Very Insightful - I will use your suggestions.

JuliaBF avatar
JuliaBF 14 Sep.

Well done!

peachynicnic avatar

thanks for sharing

Stix avatar
Stix 25 Sep.

Every trader should read that ! Thank you so much ! Excellent. :) :)

VictoriaVika avatar

A brilliant article. Inspiring and nicely written, really good examples!

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Introduction From years of experience in Forex , I can memorize a lot of things which make us lose or completely exit the market due to incorrect actions or bad habits which is a result of some factors surrounds the Forex market... in this article I will show some problems which face me when i was a beginner before 8 years and how i overcome these problems which face us daily in the market . I took a lot of time to overcome these problems but if you read this carefully ,it will help you very much to get professional in the market.Preface At the beginning let's remember that Forex market is leveraged market and any incorrect trade (without stop loss) can blow out your account money... risk is from nature of Forex trading , if you do not feel in this market that you are in a battle , forgive me, short time and you will fail,Forex trading is not for you.In Forex you should use all your weapons to win the battle or at least not to exit the battle loser...we should prepare ourselves for the trading not only the strategy ... the strategy is important in trading but what about the human who uses this strategy. Is the human prepared for this ... below you will get prepared for fighting in …
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xtrader360 avatar
xtrader360 28 Apr.

good article +

merosalah avatar
merosalah 28 Apr.

good one, you great

hazem2013 avatar
hazem2013 29 Apr.

it desire + like

khalidamassi avatar

xtrader360, merosalah, hazem2013, thanks for reply

khalidamassi avatar

Thanks for everybody for support

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